Consolidated Fund

A consolidated or co-mingled fund for Quaker organizations, with a minimum investment time horizon of 3-5 years.

Fund Information as of January 31, 2010
Total Net Assets ($mil)$212.8
Unit Value$37.36
Fund TypeBalanced
Investment StyleModerate Blend
Inception Date1975
Investment Management Expense 20090.36%
Total Expense Ratio 20090.72%
Turnover Rate 200840%

Fund Objective

The Consolidated Fund is a moderate blend fund, with a target asset allocation of 62% Equity, 33% Fixed Income and 5% REITS. Its primary objectives are stable current income and long-term growth consistent with protecting constituents’ principal investment against inflation over time. The Fund has an income distribution policy based on total return. Income distributions are paid out semi-annually and calculated using a rolling three-year average of unit value.


Friends Fiduciary Corporation
1650 Arch Street, Suite 1904
Philadelphia, PA 19103

P: (215) 241-7272
F: (215) 241-7871
E: info@friendsfiduciary.org